Jay [MOVED HERE] on Nostr: What's wild to me about Strike and jack mallers is that he's essentially doing what ...
What's wild to me about Strike and jack mallers (nprofile…5cfd) is that he's essentially doing what the Rothschilds did in Europe two centuries ago, but in reverse using Bitcoin.
What the Rothschilds did was set up banks in key cities in Europe that held gold. And by being partnered with each other, and fully trusted counterparties, they built a business that could "send" gold very conveniently via letter. Sending a hard asset with a soft one.
Strike, on the contrary, has set up shop in countries around the world to conveniently send paper via Bitcoin. Sending a soft asset with a hard one 🤯
What the Rothschilds did was set up banks in key cities in Europe that held gold. And by being partnered with each other, and fully trusted counterparties, they built a business that could "send" gold very conveniently via letter. Sending a hard asset with a soft one.
Strike, on the contrary, has set up shop in countries around the world to conveniently send paper via Bitcoin. Sending a soft asset with a hard one 🤯